![]() Amendments were subsequently made in the Standing Order 12 of Industrial and Commercial Establishments (Standing Orders) Ordinance 1968. However, the Labour Laws Amendments Ordinance, 1972 made payment of gratuity a legal obligation. Before 1972, gratuity was paid by an employer either on a voluntary basis or in consequence of an award by a labour court. ![]() It is a reward for good, efficient and faithful service for a substantial period of time. Gratuity is actually a benefit for services rendered in the past. It is a "lump-sum" amount of money payable to a worker on leaving service (through retirement, death or termination of service) based on salary (highest or the final salary) and period of service (over and above six months). The other two are "Pensions (approved Pensions Fund) and Provident Fund". Gratuity is one of three prevalent retirement benefits in private sector employment. What is gratuity, and what laws are governing gratuity in Pakistan? Daily updated Graphs on Living and Working during Coronavirus.Daily updated Maps on Living and Working during Coronavirus.Coronavirus Work & Life in Maps and Graphs - updated daily.Survey on Living and Working in Pakistan during Coronavirus.Living and Working during the Coronavirus Pandemic.Workmen Compensation and Sickness Benefits in Pakistan. ![]()
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